From Denial of CG Telecom to the Rise of CG NET, explained
How did CG NET become viral in Nepal? It did not happen in a day. There’s a lot of struggle behind the rise of CG NET. In June 2021, CG Communications Ltd., a subsidiary of CG (Chaudhary Group) announced the…
How did CG NET become viral in Nepal? It did not happen in a day. There’s a lot of struggle behind the rise of CG NET.
In June 2021, CG Communications Ltd., a subsidiary of CG (Chaudhary Group) announced the launch of its internet service in Nepal as CG NET. With the catchphrase “Speed That Matters” CG NET is offering 120Mbps internet at just Rs. 999/month. And, this was enough to grab the attention of consumers.
CG has been trying to up its game in the communication sector by launching its own mobile network but they have been unable to get a unified license that will allow them to launch both GSM and CDMA networks. Instead, they have launched CG NET, a fiber internet service in Nepal.
Though they have not been able to enter the telecommunication sector, they have shown a strong intent with their entry into the ISP market.
CG NET already looks impressive and it’s not a secret that CG has already invested heavily in the telecom/communication sector. Despite the intent and investment, NTA has been declining the unified license to CG citing various problems which you can read in detail in this article.
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